Institutions with a 2023 published rating
Institution | Location | Rating |
---|---|---|
Marblehead Bank | Marblehead | |
Needham Bank | Needham | HS |
Lee Bank | Lee | S |
Clinton Savings Bank | Clinton | S |
First Priority Credit Union | Boston | S |
Webster Five Cents Savings Bank | Webster | O |
Polish National Credit Union | Chicopee | S |
North Cambridge Co-operative Bank | Cambridge | S |
The Savings Bank | Wakefield | S |
Haverhill Fire Department Credit Union | Haverhill | S |
Key to ratings
- O - Outstanding
- HS - High Satisfactory
- S - Satisfactory
- NI - Needs to Improve
- SNC - Substantial Noncompliance
These ratings are not, nor should they be interpreted as an assessment of the financial condition of these institutions. The assigned ratings do not represent an analysis, conclusion, or opinion of the DOB concerning the safety and soundness of these financial institutions.
Public evaluations
The public portion of the evaluation generally contains:
- The institution's CRA rating
- A description of the financial institution
- A description of the financial institution's assessment area
- Conclusions about the institution's CRA performance, including the facts, data, and analyses that were used to form such conclusions
View Public Evaluations issued by the Division of Banks at CRA ratings and public evaluations for banks and credit unions | Mass.gov
Most Massachusetts chartered banks are also examined for compliance with the Federal CRA by the Federal Deposit Insurance Corporation and the Federal Reserve System.
Date published: | May 1, 2023 |
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Last updated: | May 1, 2023 |